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German Finance Minister Wolfgang Schaeuble said on Monday that it is up to Greece to avoid a Grexit and bankruptcy, adding that the country’s...

An agreement with creditors is absolutely necessary in order for Greece to avoid bankruptcy and poverty and move towards growth, says the report written...

The fact that Greece is on the verge of financial collapse gives it an edge in negotiations as it may get more concessions from creditors,...

Greek state hospitals face serious financial problems making their operation extremely difficult, while debts to suppliers have reached 900 million euros. In most instances, the operation...

Greece still has a long road ahead, European Commission President Jean-Claude Juncker said in an interview on Saturday, but ruled out a bankruptcy at this...

Europe must let Greece exit the euro zone and go bankrupt because that would be the best for both, said President of Germany's Ifo...

Within a few weeks, Greece will not be able to pay salaries, pensions and loan obligations to the International Monetary Fund and other lenders, unless a bailout deal is reached.

A survey by Marc on behalf of 'Efimerida ton Syntakton' newspaper has shown that Greeks favor an “honest compromise,” but are uncertain about the...

European Parliament President Martin Schulz warned the Greek government it must retain its commitments towards the country's international creditors and European partners, as in a...

Greek Prime Minister Antonis Samaras blasted main opposition SYRIZA for leading the country to bankruptcy, to a credit crunch and eventually out of...

The Association of Greek Tourism Enterprises (SETE) warned of the danger from further Russian tour operators bankruptcies threatening the Greek tourism market, after the bankruptcy of major...

One of the largest travel agencies in Russia catering to the Greek market filed for bankruptcy, causing major problems in the transportation and accommodation of Russian...